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F45 Training Holdings (F45 Training Holdings) Asset Turnover : 0.10 (As of Jun. 2023)


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What is F45 Training Holdings Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. F45 Training Holdings's Revenue for the three months ended in Jun. 2023 was $17.04 Mil. F45 Training Holdings's Total Assets for the quarter that ended in Jun. 2023 was $169.58 Mil. Therefore, F45 Training Holdings's Asset Turnover for the quarter that ended in Jun. 2023 was 0.10.

Asset Turnover is linked to ROE % through Du Pont Formula. F45 Training Holdings's annualized ROE % for the quarter that ended in Jun. 2023 was 127.75%. It is also linked to ROA % through Du Pont Formula. F45 Training Holdings's annualized ROA % for the quarter that ended in Jun. 2023 was -55.96%.


F45 Training Holdings Asset Turnover Historical Data

The historical data trend for F45 Training Holdings's Asset Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

F45 Training Holdings Asset Turnover Chart

F45 Training Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Asset Turnover
1.86 1.28 0.91 0.62

F45 Training Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.12 0.12 -0.03 0.11 0.10

Competitive Comparison of F45 Training Holdings's Asset Turnover

For the Leisure subindustry, F45 Training Holdings's Asset Turnover, along with its competitors' market caps and Asset Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


F45 Training Holdings's Asset Turnover Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, F45 Training Holdings's Asset Turnover distribution charts can be found below:

* The bar in red indicates where F45 Training Holdings's Asset Turnover falls into.



F45 Training Holdings Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

F45 Training Holdings's Asset Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2022 )/( (Total Assets (A: Dec. 2021 )+Total Assets (A: Dec. 2022 ))/ count )
=104.423/( (195.999+142.706)/ 2 )
=104.423/169.3525
=0.62

F45 Training Holdings's Asset Turnover for the quarter that ended in Jun. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2023 )/( (Total Assets (Q: Mar. 2023 )+Total Assets (Q: Jun. 2023 ))/ count )
=17.036/( (180.082+159.087)/ 2 )
=17.036/169.5845
=0.10

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.


F45 Training Holdings  (OTCPK:FXLV) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

F45 Training Holdings's annulized ROE % for the quarter that ended in Jun. 2023 is

ROE %**(Q: Jun. 2023 )
=Net Income/Total Stockholders Equity
=-94.904/-74.286
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-94.904 / 68.144)*(68.144 / 169.5845)*(169.5845/ -74.286)
=Net Margin %*Asset Turnover*Equity Multiplier
=-139.27 %*0.4018*-2.2829
=ROA %*Equity Multiplier
=-55.96 %*-2.2829
=127.75 %

Note: The Net Income data used here is four times the quarterly (Jun. 2023) net income data. The Revenue data used here is four times the quarterly (Jun. 2023) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

F45 Training Holdings's annulized ROA % for the quarter that ended in Jun. 2023 is

ROA %(Q: Jun. 2023 )
=Net Income/Total Assets
=-94.904/169.5845
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-94.904 / 68.144)*(68.144 / 169.5845)
=Net Margin %*Asset Turnover
=-139.27 %*0.4018
=-55.96 %

Note: The Net Income data used here is four times the quarterly (Jun. 2023) net income data. The Revenue data used here is four times the quarterly (Jun. 2023) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


F45 Training Holdings Asset Turnover Related Terms

Thank you for viewing the detailed overview of F45 Training Holdings's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


F45 Training Holdings (F45 Training Holdings) Business Description

Traded in Other Exchanges
N/A
Address
3601 South Congress Avenue, Building E, Austin, TX, USA, 78704
F45 Training Holdings Inc is a fitness franchisor in the United States. The company is focused on creating a fitness training and lifestyle brand. The group offers consumers functional 45-minute workouts that are effective, fun, and community-driven.
Executives
Richard Alan Monje director 111 WEST 33RD STREET, SUITE 1910, NEW YORK NY 10120
Ryan Mayes officer: Chief Operating Officer 3601 SOUTH CONGRESS AVENUE, BUILDING E, AUSTIN TX 78704
Anthony Pasqua director 225 LIBERTY STREET, SUITE 4210, NEW YORK NY 10281
James Feltman director 3601 SOUTH CONGRESS AVENUE, BUILDING E, AUSTIN TX 78704
Thomas Dowd officer: Chief Executive Officer 300 SIXTH AVENUE, PITTSBURGH PA 15222
Timothy J Bernlohr director 90 EAST HALSEY RD., PARSIPPANY NJ 07054
Raphael Wallander director 3601 SOUTH CONGRESS AVENUE, BUILDING E, AUSTIN TX 78704
Lisa A Gavales director C/O EXPRESS PARENT LLC, ONE LIMITED PARKWAY, COLUMBUS OH 43230
Robert L Madore officer: Chief Financial Officer C/O RALPH LAUREN CORPORATION, 650 MADISON AVENUE, NEW YORK NY 10022
Steven D Scheiwe director 1741 EDGEFIELD LANE, ENCINITAS CA 92024
Eugene I Davis director 8540 GANDER CREEK DRIVE, MIAMISBURG OH 45342
Kennedy Lewis Capital Partners Master Fund Ii Lp director, 10 percent owner 111 WEST 33RD STREET, SUITE 1910, NEW YORK NY 10120
Mark Wahlberg director C/O CORTINA BUSINESS MANAGEMENT, INC., PO BOX 610287, NEWTON MA 02461
Vanessa Douglas director 3601 SOUTH CONGRESS AVENUE, BUILDING E, AUSTIN TX 78704
Luke Armstrong officer: Chief Revenue Officer 801 BARTON SPRINGS RD., 9TH FLOOR, AUSTIN TX 78704

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